832 40th Unit C1, Brooklyn, NY 11232
Condo unit spans first floor and cellar, offering flexible space for medical, training, education, and community uses.
- Added:
- Jun 16, 2026
- Days on Market:
- 12
- Last Refresh:
- Jun 24 at 2:08 am
Property Features for 832 40th Unit C1
General Information
- Standard status
- Active
- Size
- 3,239 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 2017
Listing office Tiger Realty (917) 708-9966
Listing date Jun 16, 2026
Source Xome
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All listing content including descriptions, pricing, images are the copyrighted material of Tiger Realty
HighLights
- Commercial condo in a mixed‑use building built in 2017 with first floor plus cellar space offered together
- Approximately 3,239 SF usable total: 1,770 SF on the first floor and 1,469 SF in the cellar
- Flexible layout suited for a range of business and community uses, including medical offices and educational programs
- Exterior features include a flat roof; zoning is R6
- Guest facilities: 3
Overview
Conveniently situated near the D train and the B70 bus line, the property benefits from neighborhood foot traffic. It is also surrounded by everyday services and retail, including restaurants, supermarkets, and pharmacies, which can support customer and client flow for owner-occupied or service-driven operations.
With its flexible layout, the unit may be well suited for medical office use, home healthcare services, educational programs, non-profit organizations, senior centers, fitness or training facilities, and children’s enrichment centers. For buyers seeking a commercial condo in a newer mixed-use asset, the ability to operate across first-floor and cellar levels can help tailor space planning to the needs of a specific concept.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $139.9k | $43.20 |
| − Vacancy | −$32.2k | −$9.94 |
| EGI | $107.7k | $33.26 |
| − OpEx | −$26.9k | −$8.32 |
| NOI | $80.8k | $24.95 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.997126
- Latitude
- 40.645957
